In 1984, who developed an alternative to the simplex algorithm, which often takes significantly less computer time to solve very large-scale LP problems?
A) Carmichael
B) Kruskev
C) Karmarkar
D) Krakov
E) Carpenter
C
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A system fails 20 times in 800 hr of operation. The MTBF of the system is ______.
A. 40 hr B. 29 hr C. 32 hr D. 55 hr
Whether a company makes or buys its products as well as where it makes or buys its products is a ________.
A. financing decision B. marketing decision C. sourcing decision D. distribution decision E. public relations decision
Reaching mutual understanding in a group is best achieved by which of the following?
a. Mutual understanding cannot be achieved when there is a minimal degree of trust among group members. b. Mutual understanding can be achieved when there is a willingness to communicate long enough to identify a solution to a problem. c. Mutual understanding cannot be achieved when the leader is allowed to direct all of the actions and decisions of the group. d. Mutual understanding can be achieved with critical listening skills, but the best answer is communicating to solve a problem.
An investment is expected to yield $300 in three years, $500 in five years, and $300 in seven years
What is the present value of this investment if our opportunity rate is 5%? A) $885 B) $900 C) $864 D) $735